Assurance matrix

Reporting aspect assured     Independent assurance providers     Scope of review     Framework/ standard     Output     Frequency
Annual financial statements     External audit     Annual financial statements audit     IFRS     External audit opinion     Annual
  Companies Act  
  International Standards on Auditing (ISA)  
Interim financial results     External audit     Review of interim financial results     International Standard on Assurance Engagements (ISAE 2410)     Assurance statement     Annual
  Companies Act  
  International Standards on Auditing (ISA)  
Internal controls, governance and risk management process     Group internal audit     Review of risk management, governance, operational and non-financial reporting processes     Institute of Internal Auditors (IIA) International Standards for the Professional Practice of Internal Auditing     Internal audit opinion on the adequacy and effectiveness of controls, governance and risk management processes     Annual
  External audit     Barloworld group internal audit methodology  
Internal financial controls     Group internal audit     Assurance on the adequacy and effectiveness of financial controls     Institute of Internal Auditors (IIA) International Standards for the Professional Practice of Internal Auditing     Internal audit opinion on financial controls     Annual
  Barloworld group internal audit methodology  
  External audit     Barloworld internal financial control framework     External audit reports  
Key sustainability indicators     External audit     Assurance on selected key non-financial performance indicators     International Standard on Assurance Engagements (ISAE 3000) (Revised)     Assurance report     Annual
Black economic empowerment rating     Empowerdex     Verification of empowerment status     Department of Trade and Industry (dti) Broad-Based Black Economic Empowerment (B-BBEE) scorecard     Empowerment rating certificate     Annual
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